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Proper Good

Operating

Proper Good Inc

Food & Beverage · Founded 2019

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90-second meals made with bone broth, 0g added sugar and functional ingredients

Valuation cap ⓘ
$5.5M
As of Apr 2020 · from Reg CF Offering (2020) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$15,503,652
Crowd $87K · Private $15.4M · 4 rounds since 2020

Financials

FY2017–FY2020 · from SEC filings · hover any figure for its source
$0
2017
$0
2018
$0
−$140
2019
$546K
−$828K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed*
FY2018 reviewed*
FY2019 reviewed
FY2020 reviewed
Income statement
Revenue
$0
$0
$0
$546,106
Cost of goods sold
$0
$0
$0
$236,766
Gross margin
—
—
—
57%
Net income
$0
$0
-$140
-$827,777
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$0
$50
$59,740
$868,731
Accounts receivable
$0
$0
$0
$0
Total assets
$0
$50
$59,860
$901,912
Short-term debt
$0
$0
$0
$48,711
Long-term debt
$0
$0
$60,000
$1,680,868
Total liabilities
$0
$0
$60,000
$1,729,579
Other
Headcount
—
0
—
6

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$5.5M
Valuation cap
Reg CF · SAFE · Jan 2020

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Rule 506(b) · Equity · Dec 2024Closed
Raised $2.6MInvestors 6
Rule 506(b) · Equity · Jul 2022Closed
Raised $12MInvestors 65
Rule 506(b) · Debt · Dec 2020Closed
Raised $750KInvestors 1
Reg CF · SAFE · Jan 2020Closedvia WeFunder
Raised $86.8K / $250KInvestors 141Valuation cap $5.5M

Team

3 people
Christopher CumminsFounder
Founder & CEO
Christopher JaneFounder
Founder & CEO
Jennifer CumminsFounder
Founder & CMO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 7 annual reports (FY2019–FY2025)

141 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form DJan 13, 20250001797607-25-000001
    EDGAR
  • Form D/AMay 8, 20240001797607-24-000002
    EDGAR
  • Form C-TRApr 8, 20240001797607-24-000001
    EDGAR
  • Form DNov 21, 20220001797607-22-000002
    EDGAR
  • Form C-ARMay 3, 20210001670254-21-000633
    EDGAR
  • Form DDec 28, 20200001797607-20-000001
    EDGAR
  • Form CJan 21, 20200001670254-20-000046
    EDGAR
Source: ManualCIK 0001797607

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.